This webpage presents information about compliance with consumer lending and deposit laws and regulations, including those arising out of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The webpage provides access to NCUA Regulatory Alerts, Supervisory Letters, webinars and quick reference guides, as well as to Consumer Financial Protection Bureau's rules, compliance guides, and other federal resources. Direct any questions to the Division of Consumer Compliance Policy and Outreach in NCUA's Office of Consumer Financial Protection at email@example.com.
This guidance is provided as a resource to help you comply with statutory and regulatory compliance. It includes NCUA and interagency examination procedures. The guidance is intended for use by a credit union's board of directors and management, compliance officers, and others having responsibility for compliance as part of their duties. While it covers most federal consumer protection laws and regulations that affect credit unions, it does not address all federal laws or any state laws. More
Consumer Financial Protection Updates
Consumer Financial Protection Updates announce new activity on consumer compliance laws, regulations and guidance. They briefly describe the action taken and provide links to relevant materials. Through these updates, the NCUA’s Office of Consumer Financial Protection helps keep credit unions up to date on the most recent amendments and regulatory changes.
|20-04||DOD Amends MLA Interpretive Rule|
|20-03||Submission of 2019 Home Mortgage Disclosure Act Data|
|20-02||HMDA Data Collection Requirements for Calendar Year 2020|
|20-01||CFPB Announces Adjusted 2020 Asset-Size Threshold Exemption Under Regulation Z|
Recently Added Resources
On April 16, 2010, the CFPB issued a final rule amending Regulation C (Home Mortgage Disclosure Act) adjusting the thresholds for closed-end mortgage loans and open-end lines of credit. To assist financial institutions, including credit unions, the CFPB has posted the following documents:
- HMDA Rule Key Dates Times 2020-2022 (opens new window);
- HMDA institution coverage chart, effective July 1, 2020, through Dec. 31, 2021 (opens new window);
- HMDA institutional coverage chart, effective Jan. 1, 2022 (opens new window);
- HMDA transactional coverage chart, effective July 1, 2020, through Dec. 31, 2021 (opens new window); and
- HMDA transactional coverage chart, effective Jan. 1, 2022 (opens new window).
CFPB Statement on Supervisory and Enforcement Practices Regarding Certain Filing Requirements Under the Interstate Land Sales Full Disclosure Act and Regulation J (Effective April 27, 2020, and until further notice) (opens new window)
This webpage contains general information pertaining to consumer compliance resources. Its content is not intended as a source or substitute for legal or other professional advice. Although we take reasonable measures to ensure that the webpage content is accurate and current, we make no express or implied warranty regarding this content. We expressly disclaim all legal liability and responsibility to anyone who uses or accesses this content. If you require professional advice, contact a qualified professional for assistance.